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, national politics, immigration, the presidential campaign of 2004, and 2008, and first lady michele obama and her role in the obama white house. i met rachel at an event this year where i bought a book, the book she wrote, "american tapestry: the story of the black, white, and multiracial ancestors of michelle obama". after hearing her talk, i'd bought six more copies. i bought them for all my family members and to give out as christmas gifts. now after having read her book i can tell you it was a good investment. it helps me better understand my own family and many mysteries surrounding my own family. rachel l. swams's book is a compelling story that stirs deep emotions. it is also a story that would break them here and with that, let's welcome rachel l. swams. [applause] >> thank you. thank you. >> thank you for coming. in the years leading up to the presidential election, the focus seems to be on barack obama's roots and his family and the fact that he wrote his own biography. now in your book "american tapestry," you put the focus on michele obama. tell us about how you got started do
house and congressional leaders to reach a budget deal to avoid tax increases for nearly every american. president obama is on vacation in hawaii, and that's where we find nancy cordes tonight. nancy, what can you tell us? >> well, jim, still no conversations today between owmocrats and republicans on how to avert the fiscal cliff, which is a sure sign that the senate majority leader, harry reid, a democrat, is working on crafting legislation on his own that he would essentially dare house and senate republicans to oppose. his legislation would likely extend the bush-era tax cuts for households making less than 250,000 a year. it might also include enough short-term spending cuts to temporarily offset for, say, six or eight months, the indiscriminate across-the-board spending cuts that are set to go into effect on january 1. yis bill would also try to tie up some year-end loose ends by extending long-term unemployment benefits, patching the alternative minimum tax that duds up hitting so many middle class families, and preventing a mbg scheduled drop-off in thdicare reimbursement rates
't consummate with the american people. president obama just ran on a program of resisting some of the fundamental ways in which the republicans wanted to change medicare and raise taxes on people over $250,000. he won the election and people from the very red districts elected in the house simply have not adapted to that reality. >> let me go to jonathan chait and the primal scream and the election president obama won, but you wouldn't know this in washington. doesn't it feel sometimes like one side experienced maybe a different election? >> they did. for the house republicans, they don't have to worry about public opinion. the house republicans got fewer votes than house democrats, but the house republicans won anyway because the districts are drawn in such a way the vast majority of republicans are insulated from public opinion. this conversation we're having of what do the republicans have to do to win back middle america, that's not relevant to them. the only thing they have to worry about is a tea party challenger. that's the only way these guys are going to lose. that's p
a solution? >> we have heard president obama and speaker john boehner calling each other optimist. 50% of americans do that think both sides will come to an agreement. kind of a trend among the public perception. >> hallie jackson, thank you. >> you have only a few days to save hundred dollars with the homestead tax credit. it stems from legislation enacted back in 2007 by the state general assembly. >> 5:07. tornadoes ripped through alabama disrupting christmas. >> one of the first at normandy. >> this is a live picture at liberty road. >> welcome back to 11 news today. 5:09. 36 degrees downtown. the clouds are building in. of rain and a mix snow moving into virginia. let's look at the temperatures right now. we can see icy mix. 32 at b.w.i. marshall. 30 in gaithersburg. watch for a rain-snow mix into much of the state for the morning hours. temperatures in the low 50's this afternoon in ocean city. it's a changeover to rein in baltimore -- it should changeover to rain in baltimore. >> it was hardly a silent night on christmas for residence in mobile, alabama, after taking a direct h
for green capital and the politics of abundance and how they revive the american dream and establish obama's legacy. how are you, sir? >> good morning. >> i'm interested in how technology can revive the dream. let's talk about post partisan ways to use technology to change a lot of the problems we have. >> let's talk about that. everybody agrees that only growth can give us the american dream again and balance the budget. >> how? >> the key to any successful economy in the world today is to have widespread broadband, lots of that internet you were just talking about and very, very cheep and clean energy. if we can move the economy very, very rapidly to cheep and clean energy and to very widespread broadband, we will have the platform on which rapid economic growth will be possible. >> you made the me think about a guest we had a couple of weeks ago. ray was brilliant and talked a lot about the singularity and the future where man and machine and technology will be much more merged than we are now. technology will allow it to do things that are unimaginable at this point. do you foresee tha
taxes on all americans and immediate cuts. some agencies are phages furloughs -- facing furloughs. president obama and congressional leaders are cutting their vacation short to be back in washington but it's not clear whether a last-minute deal can be reached. >> i don't want to go over the cliff. >> middle class people will have their taxes go up an average of $2,000 a career and we should start making meaningful reform on the debt. >> there's talk about a smaller deal by harry reid that would prevent tax increases on those earning less than $250,000. >>> starbucks has come up with a democratic way for people to send a message to washington. the coffee giant is asking the stores to write the words come together on all drinks served tomorrow and friday. >>> well, they invested in a finance company owned by a now infamous baltimore insurance pitch man. now that hal katz business has gone belly up, they're out of luck. investigators continue digging into the story we first brought you in october. some lost college funds, life savings after funding one of katz' companies. >> it's not
expectations. retailers are hoping americans go on a post holiday shopping binge. a financial storm of sorts looms tonight as the deadline to avoid having the economy over the fiscal clifton years. as president obama is on his way back to washington, some lawmakers are expected to get back to the nation's capital. >> with five days left to reach an agreement, doubts are growing that the white house and republicans can cut a deal in time. after spending part his christmas holiday visiting presidenthow y. hawaii, obama will return to resume talks. formal negotiations have yet to be scheduled. the house will reconvene on thursday. >> we have seen this game played before. it literally came down to the last minute. >> is the country goes over the fiscal cliff, some economists fear the combination of budget cuts and higher taxes could trigger another recession. others say the deadline is not as firm. congress could pass a temporary measure early that would roll back any changes. political analysts warn some consequences may be immediate. >> maybe a tremendous response and that would alarm everybod
starting at 8:00 eastern. michelle obama genealogy in american tapestry. at 9:15, a discussion of barack obama. 10:55, a critical look at president obama before and after he beat the white house. at 11:50, the first official white house videographer. book tv and prime time all this week on c-span2. >> if we turn away from the needs of others, we align ourselves with those forces which are bringing about this suffering. >> the white house is a bully pulpit and you ought to take advantage of it. >> the obesity in this country is nothing short of a public health crisis. >> so much influence in that office. it could be a shame to waste it. >> i think they serve as a window on the past through what was going on with american women. >> she becomes the chief confidante. >> many of the women who were first ladies were writers. there will books. journalists. rex they are in many cases more interesting as human beings than their husbands. if only because they are not defined and limited by political ambition. >> donnelly was socially adept and politically savvy. >> madison loved every minute of it
cliff before the new year. and president obama has cut his vacation one day short and heading back today. does it still look doable? >> there is hope for a deal but confidence in that grand bargain has already but disappeared. >> reporter: americans are already taking a hard look at their wallets as confidence in the fiscal cliff diminishes. >> i don't think there is a grand bargain but hope a deal will be cut. >> reporter: if congress doesn't change tax cuts in day, middle income earners will owe extra by the end of the year and they will cut back on auto industry, apparel and entertainment. >> once they cut back on that, that will be dramatic. >> reporter: retailers support 1 in 4 american jobs and if the downturn intensifies, those jobs are at risk. >> if retailers stop creating jobs, the economy as a whole stops creating jobs. >> reporter: the weight is excruciating for some and president obama left them $200 billion apart. >> the president was $200 billion higher on revenues and speaker boehner, $200 billion higher on spending cuts. >> if you get 80% of what you want, that's a prett
american jobs and if the downward turn intensifies. for those, the wait is excruciating. president obama visited troops in hawaii over christmas after a frustrating week on capitol hill. he and speaker john boehner about $100 billion. >> the president was $200 billion in revenues. speaker boehner $100 billion in spending cuts. >> reporter: tough decisions ahead. six days left. and lawmakers are now saying they will likely address tax reforms and spending cuts in the new year when the debt ceiling debate gets going. reporting live in washington. i'm danielle leigh. richard, back to you. >> danielle, thank you. >>> a note was left by the suspected shooter that killed two firefighters christmas eve in new york. here's nbc's ron mott with more details. >> reporter: police say the christmas eve ambush of four volunteer firefighters attacked as they arrived to battle a fire in new york. >> was a rage be interno out there. >> reporter: it was spell out in chilling details. >> quotes, i still have to get ready to see how much of the neighborhood i can burn down, and doing what i like doing best,
about the president and first lady. inhelle obama's genealogy "american tapestry." 9:15, david maraniss discusses his biography of barack obama. 10:00 at 55, a critical look up barack obama before and after he reached the white house. 11:35, the first official white house videographer. but tv and prime time, all this week on a c-span2. >> they put the missiles in cuba -- they discover that with surveillance flights. then the tension builds. we have a quarantine and blockade around cuba. one of the things that happens is a soviet submarine is found by american ships. they start to drop missile charges, depth charges, on the soviet submarine. they knocked out the electrical system. the carbon-oxide was rising and people were passing out inside the submarine. they had no communications with the kremlin. the submarine commander says, load the torpedoes, let's attack. the world war probably already started already. we're not going to disgrace our country. so to launch the nuclear torpedoes -- the set is ready to launch. fortunately, one of the other commanders who had a lower rank talk him o
are growing with the fiscal cliff just six days away. a new poll finds 50% of americans think president obama and congress will reach a deal in time but that number has dropped in the past week. president obama plans to cut short his family vacation in hawaii leaving for washington late tonight. yesterday, he spoke to troops at a marine corps base in hawaii. >> on behalf of michelle and myself and our whole family we do this every year. this is where i was born so we come back for the holidays but one of our favorite things is always coming to the base on christmas day and having a chance just to meet you, those of you who have families here and to say thank you for the extraordinary work and service that you guys do each and every day. >> chip reid is in washington with more on the budget talks. chip, good morning. >> good morning, rebecca. as you mentioned, the president plans to cut short his vacation in hawaii and fly back to the white house later tonight, arriving about noon thursday. here in washington there has been no communication between republicans an
. >> and this was brought to you by mercedes-benz. >> no american idols in that crowd. thanks very much. >> we'll be back in just a moment. >>> first lady michelle obama read to children in washington, d.c. and a creature were stirring. [ laughter ] >> this is exactly what he does at home. he tries.... >> that creature is bo the obama family dog. she read the night before christmas to the children. that is it for this edition. for all of us here, i'm dan ashley. merry christmas. i hope you have had a wonderful day with your family and hope to see you again at 11:00 tonight. good night. [cheers and applause] >> hello, everybody, and welcome to millionaire. we continue to raise money for alzheimer's today, which is why this absolutely beautiful audience is wearing purple and giving such great support to all of our celebrities. thank you, guys. hoping to add to our total is best-selling author and one of america's favorite cooks. please welcome paula deen. [cheers and applause] >> thank
: the american people. look at the poll, they think president obama is willing to compromise. >> andrea: which is ironic. [ overtalk ] >> juan: who are the obstructionists? it's my ideology, i can't negotiate. even if we go off the cliff, endanger the whole economy. >> greg: here is thing. the idea of adhering to a principle in this world is seen as extremism, trying to limit government and cutting taxes. what obama is able to do is shift the argument from cutting and spending to now spending and borrowing. cutting is part of it. >> eric: leave it there. coming up, the day after christmas. you know what that means? all the bad gifts are going back. tell you what the five of us got from san. the plus, this woman says she was fired from her job for from being too sexy. her boss couldn't handle it. her story ahead on "the five." ♪ ♪ [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it
on the wealthiest of americans in because that's how president obama ran the campaign and got re-elected. >> you know what? i'm scratching my head. sometimes say to -- feeling sorry for speaker boehner, i guess. 25, 30 of the tea partiers primarily who just won't listen to the speaker and he thought that he had the votes or twist arms to get the vote and made -- bold announcement before to put the vote on the floor. and he could not do it. and so, i've listened to some of those 20 and 25 individuals and listened to their rational is what has been me a little worried about a deal getting done. busine does boehner get some leverage after january 1st? some were defeated in the election. does he get more leverage than now or not? i don't know. but i'm hopeful that maybe doing this break like i was having christmas dinner with some, they were having dinner with some relatives and telling them, go back, agree upon something because the country built upon compromise. >> if we get something small done in the short term, because the window of time left is so lessened, with the 113th congress coming in, d
americans to do that need their disability checks and health care must around with by president obama, harry reid, and john boehner. host: here is a twitter message. a lead story in "the washington post." janesville, wisconsin, independent. good morning. what is your level of optimism? caller: i am not very optimistic they will get anything done. i am not optimistic that will find a job. host: what kind of work are you looking for? caller: anything. i cannot even get hired at a retail store because i do not have experience. i have the manufacturing all of my life. i lost my job in 2008. i have updated my skills, and still, no calls. host: when you look at people in washington and what they are dealing with, what goes through your mind? caller: i think they are out of touch with the people. i think the unemployment rate is a lot higher than the what they say it is. host: thank you for calling. steve is calling from troy, michigan. caller: there has been a lot of misrepresentation of the fax. i am not very optimistic for the future of our country. -- misrepresentation of the f acts. taxes will
of a compromise. >> the american people reelected president obama on election day. they also reelected a republican majority here in the house. in doing so they gave us all a mandate. it was not a mandate to raise taxes on families and small businesses. it was a mandate to work together to begin solving the massive debt that threatens our country's future. >> reporter: the house and the senate will both be back in session tomorrow and the president has said he expects them to quickly vote to pass legislation to avoid the fiscal cliff, if, he and the speaker are able to make a deal before it's too late. gregg: we'll be holding our breath. peter doocy, thanks. >> reporter: yeah. patti ann: the commander-in-chief also spent part of his holiday thanking the troops on a visit to a hawaiian military base. the president and first lady paying tribute to those here and abroad who risk their lives keeping us safe. he took time to honor their families as well. >> so many of you make sacrifices day in, day out on behalf of our freedom, on behalf of our security, and not only do those in uniform ma
for nearly every american. dramatic spending cuts will kick in. president obama and congress will be back from vacation tomorrow. but will anything get done? >>> plus, wild winter weather sweeping through the country. we'll bring you the latest details on which part of the u.s. could be hit next. cnbc's "worldwide exchange" starts now. >>> and welcome to a special edition of reside worldwide. ross andcle reoff today for boxes day in -- kelly are off today for boxing day. for now, you is us. >> we'll start with a brief check on the markets. energy and metals are trading higher now, wtis up about 55 cents. brent crude up 65 cents. also want to check in on the gold price, as well. gold right now down about slightly under the flat line there, 1,-658. well below the 1,700 mark. the cme globex has been closed for christmas. it's going to reopen at 6:00 a.m. eastern time. that goes for treasuries and the foreign exchange market, as well. >> as for action in the overseas markets, the u.k. is closed today for boxing day as are some of the former brish colonies. in europe the dax down about there a
marketplaces up and running smoothly by october 1st, when millions of uninsured americans are supposed to start signing up for obama care coverage. >> so what rule will have the biggest impact on the health care industry and who will be most affected? joining us now, max nissan, corporate strategy reporter with business insider. max, you have done some work on this. what do investors need to know from your point of view? >> from my point of view, what you have coming in 2013 and 2014 is a rollout of all of the really big provisions of the health care act that we haven't seen yet. you have the health care exchanges, you have the huge medicaid expansion. what that's going to do is increase cost pressures on hospitals which is already a low margin business. many of these hospitals are already in the red. so you're going to see huge movement towards consolidation, smaller community hospitals and university health systems are going to join in with larger systems and you will see the big public systems like community health systems in tenet and hga more mortgaergers, more consolin as they try to driv
shifts in american culture in 2012, two states voting to legalize marijuana and same-sex marriage is legal in nine states and the district of columbia. president obama tipped the scales with the stunning announcement he now supports same-sex marriage. >> how much of it is personal, how much is political? is this a game changer? just yesterday clay aiken said he wished president obama would, quote, hurry up. you must be pretty happy that he reacted so quickly. >> i am. i feel so empowered. >> i mean, a big day, you know, every gay american, a big day for every american in america, whatever reaction you had to it. how did you feel when you heard the news? >> you know, it is a little bittersweet. i'm in north carolina and as a north carolinian, i was really disappointed with the way the amendment initiative vote went yesterday here in north carolina. but it's -- it's very promising to hear president obama finally come up and speak out on something that's so important. i think the ground swell and the energy behind a lot of the activists and the people who were important in the vote h
every single american is going to get hit with five new taxes to pay for obama care. here are a few examples of them. small business owners will see individual tax incomes. medicare payroll tax and for the first time ever the government is capping how much money you can put in your flexible spending account. there's still time to save money on your taxes. we are joined by tax attorney marty for your taxes. >> if you want to reduce your taxes now or in 2013. >> how do you decide that? >> you have to run the numbers. are you in the alternative minimum tax rate and you have to really run your numbers and look at 2012 or 2013. you may be a higher bracket in 2013 and may want to take the deductions in 2013 rather than 2012. >> if you want to review the 2012 taxes you say prepaid state income taxes. >> if you pay the state income taxes that may be due next april 159 you have a large capitol gains maybe you sold something you can do that. one of the things you have to keep in mind in doing all of this you have to figure out the alternative minimum tax. there are two systems of taxation. th
. >> reporter: brian is congress does not act taxes will go up on all americans next tuesday. they are scheduled to get back to work for tomorrow morning which is when president barack obama's flight returns from hawaii but many are pest mystic he will reach -- pessimist particular they will reach the deadline. it is the republican controlled householding out. house speaker john boehner wants increase for those making only 1 million a year. they say it's more likely we will go over the cliff than not. >> if we allow that to happen it will be the most colossal consequential act of congressional you are responsibility in a long time. >> reporter: some republicans are saying president barack obama will actually get his way if a fiscal cliff is not reached before the deadline, kyle la campbell, washington d.c. newsroom. >>> and in general delegations are not as crowded as the first ones. as many as 800,000 are expected to be there for the president's 21st inauguration and that's less than those who flooded the area in 2009. >>> it should be much better and governor brown wants to overhaul the state'
of the last month e-mailing each other about barack obama and mitt romney. and you were tearing me off a new one, i believe is the american phrase, for what you perceived to be my lack of support for the president. >> that's right. >> i was more interested in the debate we were having. it was a good one, informative. >> i kept sending you articles. >> you did. and your man won. >> your man didn't? >> no, i didn't have a horse in the race. i'm british. i don't have the right. but my argument to you was i wondered whether mitt romney could be better for the american economy. >> god month. ♪ can you hear me ♪ papa can you see me papa can you find me in the night ♪ ♪ papa are you near me papa can you hear me ♪ >> that's funny. >> you're wearing the same outfit. you just realized. >> that's very funny. >> what do you think when you see yourself from that era? that was from "yentl" in 1983. >> what do i think? >> yeah, when you look at yourself. >> i'm so objective when i look at myself when i'm directing a movie and i'm editing. it's always she, her, it's not me. like the character in
at christmas working on a scaled-down plan to avoid tax hikes for all but the wealthiest americans. his plan would also include short-term spending cuts instead of long-term deals that have been sought. president obama will cut short his hawaiian vacation around return to washington today to take part in those negotiations. christmas day the president and first lady met with servicemembers and families. the president told marines he was grateful for their service and posed for pictures. >>> more bay area headlines. one of santa's helpers put in a little overtime on christmas but instead of a sleigh and reindeer, san jose postal worker nancy ray used this a mail truck. ray is carrying on a decades old tradition of delivering packages to people on christmas. this is the third year ray has put her sant suit. she started working in the san jose post office 20 years ago and said this is a job she always wanted. >> some books, two things of presents. >> a relatively new christmas tradition continues in richmond as hundreds showed up at the community center. volunteers handed out food, presents and
, but people need to understand that president obama did win and he won frankly on the argument that the senate has now put forward and passed which is let's extend these tax cuts for 98% of the american people for those making $250,000 and believe and let's deal with the rest of this later. that bill is sitting in the senate today. and i actually feel bad for boehner. i agree with ana that i really do think he's trying. but unfortunately, he pulled a political employ this past week that blew up in his face and that could seem to the american people that he put politics before the good of the country. >> do you agree with that, ana, do you think this was a big mistake, a missing judgment when he put the bill on the floor that he couldn't pass? >> certainly it was a wake-up call. i don't think it was a mistake because i think he was attempting to send a message and i think he was attempting to do something. so i prefer him going down in an attempt to do something and move the ball than doing nothing. and, yes, president obama won the white house, but the american people also elected a majority o
of the economy are bracing for impact. president obama returns to washington today. danielle leigh has more on the industries that will suffer the most if congress does not reach a deal. >> americans are already taking a long look at their wallets. >> i do not think there will be a grand bargain before the end of the year. >> middle income earners will have to pay about $2,000 extra a year. consumers will cut back an automatic, apparel, and entertainment. >> the effect could be a dramatic. >> if the downward trend intensifies, those jobs would be at risk. >> the economy would stop creating jobs. >> president obama visited troops in hawaii after a frustrating week on capitol hill. >> the president was about $200 billion higher on revenues. >> lawmakers on sunday were mildly optimistic. tough decisions ahead with six days left. congress will get back to work tomorrow in the hopes of negotiating a deal. >> now insta-weather plus and traffic pulse 11 together. >> if you plan to have out there, i would do with early. 55 on the west side. problem free on 70 prior to the beltway. out of the traffi
obama is cutting his christmas vacation short to try to cut a deal as that fiscal cliff nears. now just six days until higher taxes for all americans. and tonight, a white house official is placing the burden of not getting a deal on leaders of congress. one official saying the hits from our economy are not coming from outside factors, they're coming from congressional stupidity. some members of congress do return tomorrow. these comments come just as barbara walters prepares for her "nightline" special tonight. her sitdown at the white house with the president and the first lady. tonight here, some rare personal questions answered about their own relationship and their girls. one of whom just got her first cell phone. >> reporter: i want to talk a bit about the girls. we have been rawatching them gr up from little girls to young ladies. now, malia recently got her first cell phone. do you monitor it? and see who she calls or who she texts? >> i give my daughter at this age, i give her a long rope. you know, and there is monitoring, because we have rules, but monitoring may be, you neve
americans. his plan would also include short term spending cuts instead of long term deals that had been sought. >>> president obama will cut his hawaiian vacation short today and return to washington to take part in "fiscal cliff" negotiations. >>> holiday sales grew at a weak pace this year. the weakest in four years. mastercard advisors spending pulse reports that sales in the two months before christmas increased .7% over last year. a lot of analysts expected sales to be up 3 or 4%. but wait, there is more. when i worked in retail when i was in college, christmas was busy enough. but the day after christmas? it was unbelievable! cbs 5 reporter cate caugiran is in san leandro where after- christmas shopping has already started. >> reporter: yes, brian. it started at 5:00 this morning at the bay fair center in san leandro. according to a consumer reports poll about 1 in 7 adults will return a christmas gift so that's part of it. for the other part i'm joined live now with keith mchugh with the shopping center here braving the rain with us, as well. thank you so much for joining us. >>
back and work on a deal. any deal may be a short-term fix. president obama will be leaving forwarmth of yhawaii washington. there is no specific deal on the table. democrats blame republicans for not agreeing to end tax cuts for the wealthiest americans. >> we're not going to let the rich pay one dime more. there is something awfully wrong with that picture. the american public is seeing that. >> republicans will not agree. they see there may be room for compromise. >> i know i am not in the majority and the red states annett -- in the senate. we have to sit down and hammer something out. >> if no deal is reached, americans will see their income taxes go up. 2 million peoplwill lose their jobless benefits. $110 billion in spending cuts will hit federal agencies. analysts predict fewer companies will hire. >> that level of activity will translate into consumption, lack of business investment, supporting as moving toward an economic contraction. with only the senate returning thursday, president obama will likely turn to his allies. -- to his allies, harry reid, to craft a deal. >> a n
-mailing each other about barack obama and mitt romney. and you were tearing me off a new one, i believe is the american phrase, for what you perceived to be my lack of support for the president. >> that's right. >> i was more interested in the debate we were having. it was a good one, informative. >> i kept sending you articles. >> you did. and your man won. >> your man didn't? >> no, i didn't have a horse in the race. i'm british. i don't have the right. but my argument to you was i wondered whether mitt romney could be better for the american economy. >> god month. >> you were having none of it. >> do you know why? there have been businessmen who have turned presidents, i think herbert hoover, george bush, the first george bush. businessmen. i think there was a couple of others. lousy presidents. businessmen make lousy presidents. >> why have you been so consistently supportive of obama? >> i can't even imagine thinking about what would happen to the supreme court if a republican were the president, you know? i mean, citizens united is a horrible thing that people can spend and waste
on christmas working on a scaled-down plan to avoid tax hikes for all about the wealthiest americans. his plan would include short term spending cuts instead of long-term deals that had been sought. >>> from hawaii. comes word that president obama will cut short vacation and return to washington later today to take part in "fiscal cliff" negotiations. christmas day the president and first lady met with servicemembers and their families. the president told the marines he was grateful for their service and posed pour pictures. >>> recent college graduates are having a tough time getting jobs in their desired lines of work. according to the latest u.s. census figures about 2 60,000 young adults with college degrees in california are working in food service and retail. >> couldn't get a job in the field that i wanted to so i figured i have to start at the bottom. >> without higher paying jobs, it's that much harder for graduates to pay back student loans weapon tuition rising across the nation. >>> the holiday season isn't what it used to be for american oh. a new poll suggests a lot of people are
president obama came out in favor of gay marriage. it felt like a rest and a hard left, but i was surprised by other issues that i felt the american people cared about that the candidates were silent on. such as the drug war, climate change, environmentalism -- it took a long time before they talked about afghanistan. i was wondering if there was any rhyme or reason to those issues? that -- the president talked a lot about afghanistan and made it clear we would withdraw our troops in 2014 and that was something he has probably spent a great deal of time talking about. that governor romney engaged on that, and that became a debate in the campaign. on the issue of climate change, there is no doubt that that is a central challenge for us and the world. the president said in his first campaign and in this campaign. some of the things he has done, doubling fuel efficiency. the first time we have raised them in 30 years. doubling of renewable energy. these things are some of the changes in environmental law relative to emissions -- they are all part of that effort. we have got to do more. we have
something that the romneys never understood? that it's not about them, it's about us as americans. >> yeah. i mean, when you think back to the central question for mitt romney was why are you running for president. if you asked that question of barack obama you knew the answer. whether you like the answer or not, but you knew exactly why president obama was running and running for re-election. with mitt romney, you had no idea. with mitt romney, it all felt like he's running to be president just because he wants to be president. he wants the house. he wants the plane. he wants the tank. the armor plated limousine. and that's about it. and so to hear that he had no desire to run, that someone who least likely wanted to be president that tagg has met in his entire life is disconcerting for those people who went into that voting booth and voted for mitt romney thinking that he really wanted to be their leader. >> so message to tagg and the rest of the family, ixnay on the talking. stop. it's over. jonathan capehart and susan delpercio, thank you. >>> next the president is headed to washington
by the obama administration could cost $106 billion before the end of the year. the biggest culprits? the epa and the energy department. here to explain the director of regulation policy for the american action forum. sam, welcome. i want to start with this $106 billion number we were talking about in the break. this is a lot of money. so $106 billion. these are rules that are still being written that were supposed to go into place sometime this year. this as the laws not already on the books, this is what is coming. tell us about that. >> correct. for example, there are 25 economically significant regulation at the white house now, that is regulations with a economic impact of $100 million or more. some are rules under the affordable care act, menu labeling rules, rules for vending machines, labeling requirements. so there is a lot at the white house now. there is lot of rules that are passed their statutory deadline. past the deadline for the administration set for them, that have been waiting around for several months. we don't know why. you can assume might be because of the election beca
you, gerri. gerri: president obama is in washington negotiating a deal to revert the fiscal cliff. the first time and there are 500 billion in tax hikes coming your way. december 31. grover norquist from the president of americans for tax reform are warning that that is only the start of our problem. >> in addition to the bush tax cuts, 500 billion-dollar tax increases, a trillion dollars in obamacare taxes, all the taxes to pay for that free health care we are supposed to get. 90% of the tax increases to pay for obamacare were conveniently postponed until after obama got himself safely reelected. they begin to hit january 1 of this coming year. they are unpleasant. gerri: absolutely unpleasant. it is a disincentive to invest into work. i don't know what people are going to do down the road. now it seems that people are saying it's up to the senate. it's in the senate ballpark now to do something and to get some kind of bill. will they do anything at all? >> all the focus has been on president obama and the house of representatives. the leader, speaker boehner. some of us went to
political purposes. i think this kind of gotcha politics really the american people are really turned off by it. i want to say this before this committee, that barack obama was no more responsible for what happened in benghazi than george w. bush was during 9/11 or ronald reagan was when more than 200 marines were murdered in beirut. it doesn't happen under anybody's watch. terrible things happen and we have to again try to fix them. i look at this report and the accountability review board is something that makes an attempt to do that. i don't care if the administration officials call it terrorism or didn't call it terrorism but i have seen things where president obama use the word terrorism the day after it happened. but that's not important. what's important is that there should be no more benghazi and that is why we are having this hearing and that is why we have the plan, 29 points and the secretary clinton has accepted them all and good for her. and she has of course appointed a new person mr. nides and i know that's you and you are really going to look at this. i am very very happy
to establish a disteupblg distinctly western society. the obama administration is going to go down in history having viewed up more of the middle east and any president and administration of our past. gregg: a new controversy after the russian parliament votes to ban americans from adopting russian or fans, wha rophans. what is behind this idea and why russian critics say it victim myselfess kids. >> a newspaper gets its hands-on the names and addresses of gun permit holders and then push hreurbs the information online. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. heather: welcome back. so do you have plans nor new year as of eve? we hope that it includes fox news' all american new year's eve starting at 11:00pm eastern on new year's eve. our very own megyn kelly and bill hemmer will bring you the billing even big event from times scare
grandmother to death with a hammer in 1981. >>> russia is one step away from banning americans from adopting russian children. protesters gathered outside russia's upper house of parliament before unanimously approving a bill to ban the adoptions. it's scene as retaliation for a law signed by president obama imposing travel restrictions. the vote now goes to vladimir putin who's expected to sign it into law. >>> egyptian .mohamed morsi has signed the country's newly approved constitution into law. the upper house of parliament has convened its first session under the new charter. the new constitution was approved with more than 63% of the vote in two rounds of voting. turnout was low. the charter has polarized the country and resulted in sometimes violent protests. critics say it doesn't represent women, minorities and other groups. >>> there's a familiar face in the japanese prime minister's office. the parliament elected shinzo abe to lead the country five years after he abruptly resign. abe says his first mission is turning the country's economy around. and he's calling for safety tests o
.com/pricerewind. david: president obama cutting his hawaii vacation short to get back to washington to discuss the fiscal cliff. let's check the big board and see how the market is looking just days before americans could plunge off that cliff. it's been pretty steady at about mid 20s to the plus side on the dow. well, netflix shares are down as it blames amazon for outages that hit the streaming video service on christmas eve, more than 27 million subscribers could have been affected after an outage at an amazon web service center in virginia. full service was restored on christmas day. the company being blamed, amazon, shares of amazon are also down today, and what you might see written on your next cup of jo from starbucks. we will tell you what that is coming next right here. david: well, you might start to notice that starbucks employees are not writing your name on your latte, but they are putting a message there instead. a new campaign from a starbucks chief executive is urging his employees to write come together on customers' cups as a message to lawmakers as an effort to urge lawmakers to come
? >> i was really excited when president obama came out in favor of gay marriage. it felt like a rest and a hard left, but i was surprised by other issues that i felt the american people cared about that the candidates were silent on. such as the drug war, climate change, environmentalism -- it took a long time before they talked about afghanistan. i was wondering if there was any rhyme or reason to those issues? >> i challenge you just a little that -- the president talked lot about afghanistan and made it clear we would withdraw our troops in 2014 and that was something he has probably spent a great deal of time talking about. it was only late in the campaign that governor romney engaged on that, and that became a debate in the campaign. on the issue of climate change, there is no doubt that that is a central challenge for us and the world. the president said in his first campaign and in this campaign. some of the things he has done, doubling fuel efficiency. the first time we have raised them in 30 years. doubling of renewable energy. these things are some of the changes in environ
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